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Question 5 (1 point) A bicycle retailer purchases 20 bicycles at a cost of $140 each and then later purchases another 15 of the same
Question 5 (1 point) A bicycle retailer purchases 20 bicycles at a cost of $140 each and then later purchases another 15 of the same bicycles at a cost of $150. Calculate the cost of goods sold for 2 bicycles sold from this inventory using FIFO. $291.43 $300.00 $290.00 $280.00
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